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40 Years of Falling Manufacturing Employment
Tags: Current Focus, Early Warning, Managing Business, United States, China, Information Technology, Banks / Insurance, Oil & Gas, Metals / Mining, Renewable Energy, Capital Markets, The Economy, Inequality / Upward Mobility, Movement for Renewal of America, 2. Cost of Living Action, 3. Income and Wages Fairness, 5. Bringing Jobs and Factories to the US, 6. Capital Allocation for Infrastructure, Goods and Services, 8. U.S. Investment by Government+ Private, 9. The Movement for Global Literacy, 10. Health- Body/Mind Wellbeing for All ,
These numbers are real 11.5 million manufacturing jobs in 2009 vs 19.5 million manufacturing jobs in 1980- 44% of the US supply chain base destroyed and recovery to 12.69 million in 2026. Automation is only a small part of the story, as China's factories are heavily automated, it was first deliberate policy of the administrations of Bush, Clinton Bush, and Obama. In April 1989 as shown in Labor Department graph on this page there were 18 million jobs a loss of 1.5 million. The major damage was done under the two Bush and Clinton, Obama administrations, that looked the other way having no grasp of the significance of this development and following misguided economic theory, ignoring what was happening in front of their eyes in plain sight.
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